The Quarters Land Consolidation

[Daveography]

Was tipped off yesterday that the City has managed to consolidate a large contiguous block of land in The Quarters between the Hyatt and the location of the new park on 96 St., and has put it up for sale:

Given that fragmented land ownership in the area is a huge barrier to redevelopment, this is big news.

Here's the city's listing: https://www.edmonton.ca/business_economy/documents/Armature_Block_Listing.pdf

 

[archited]

It will be interesting to see if there are any nibblers. It is a bit of a risk on the City's part -- they have placed pretty rigid controls on development -- and if no-one bites, it could actually be a newsworthy set-back for the Quarters generally. If it succeeds, then lets do it again.

 

[seamusmcuffs]

If they have trouble getting development for the whole site, there is also the option to split it into smaller sites for multiple developers.

 

[Daveography]

Promising...

 

[Platinum107]

YES. I really want this street to take off. This could be the street that really starts to turn things around...

 

[bodsbods9090]

Promising...

View attachment 161961

Any update on this? I don't get downtown much so just curious.

 

[Daveography]

@bodsbods9090 Rest assured, this forum will be the first to know anything if and when I hear more.

 

[_urbanite]

Sorry to revive an old thread, but has anyone heard if this site has been scooped up by anyone?

 

[OverheardatYEG]

Still up for sale on the City of Edmonton site if it is this one.

It's past the deadline for submission but I'm assuming no one has closed on it yet. https://www.edmonton.ca/business_economy/documents/Armature_Listing_June2019.pdf

 

[_urbanite]

Still up for sale on the City of Edmonton site if it is this one.

It's past the deadline for submission but I'm assuming no one has closed on it yet. https://www.edmonton.ca/business_economy/documents/Armature_Listing_June2019.pdf

Yikes. Priced too high considering the area it's in?

 

[Daveography]

Sale is pending on this land again (previous interested buyer fell through)

 

[archited]

Who knows how many hectares in .61 acres? Think metric City, think metric!

 

[bodsbods9090]

Sale is pending on this land again (previous interested buyer fell through)

View attachment 224220

Well let's hope it goes through this time around.

 

[Edmcowboy11]

I don't remember if there were any signs on the property, did it actually sell?

 

[Avenuer]

The property has not yet been sold.